GBE 0.00% 4.0¢ globe metals & mining limited

Ann: Globe extracts 10-tonne sample from Kanyika Niobium Project, page-4

  1. 6,324 Posts.
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    Which announced plan is that - oh yes the new one lets get retail plebs excited about a 10t sample that should have been taken and processed through "a" pilot plant and end products long ago delivered to potential offtakers that in turn should have evaluated such and possibly been at off take - investment stage a year or more ago when early payments made to PAPS and we were led to believe all was wonderful with community and a PFS released by now not another year away - failed miserably.
    Send in Charles for a bit of massaging of retail plebs - failed miserably.
    More cash from BoTan when whom knows which Chinese Gov avenue that disguise arrives from but desperate times need desperate solutions and again get retail plebs excited.

    Price sensitive my ass - all they want is support for upcoming CR and think this rubbish will kick SP along. Kanyika is so far behind other companies in Malawi - has no money and Chinese management/ownership that shift the goalposts all to often or fail to deliver at all in misleading announcements over a long period - in what will be a very long journey yet - to make peanuts if anything. Even if it looks cash flow positive after more CR'S they will burn the minority shareholders and the three amigos will disappear with GBE by delisting it and keeping in another entity - in the Carribean with many other Chinese Gov entities.

    That is always possible and concerning to myself - the derisking of MDA has not de risked anything in my view - time will tell - a lot of time. Hopefully I am wrong.
 
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